remains in a consolidation phase, trading in a narrow range between $636–$646, amid global macroeconomic uncertainty:
Macroeconomic Backdrop:
US-China Trade Tensions: Rising tariffs fuel global supply chain concerns, indirectly pressuring crypto sentiment.
ECB Rate Cut Signals: Slowing EU inflation lifts digital asset optimism, including BNB.
Middle East Conflict & Sanctions: Oil market instability drives investor interest in crypto as a hedge.
Technical Outlook:
Price Action: BNB maintains higher lows, indicating resilience and buyer support around $638–$640.
Resistance: Firm zone at $643–$645, with short-term barrier at $643.25.
Volume & Momentum:
Decreasing volume volatility hints at a potential breakout setup.
Bullish momentum detected in recent hourly candles.
Spike above $642.60 shows strength, with follow-through pushing price to $643.09.
Bias: Neutral to slightly bullish, supported by structure and upward pressure.
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Key Levels to Watch:
Support: $638, then $636.
Resistance: $ETH
643.25, then $645.92 (range high).
Breakout Potential: Sustained move above $645 may trigger upside continuation; drop below $638 could invalidate bullish setup.
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